Adding another story is one of the biggest home improvements a homeowner can undertake. If you are planning to take on this project, be sure that you are aware of its benefits and potential drawbacks. Trusted kitchen and bathroom remodeling contractor Cottage Industries, Inc. discusses them in detail here.
The Benefits of Adding a Second Story
The pros of adding a second story can range from increased living space to improved property value. Let’s take a closer look at each one:
- Increased Living Space. One of the most obvious benefits of adding a second story to your home is the increased living space. This additional floor provides more room for family members and guests. It can also create the opportunity for extra bedrooms, bathrooms or even a home office. With a growing family or the desire to accommodate visitors, this extra space can be a game-changer.
- Enhanced Property Value. Another benefit of building upward is the enhanced property value. Two-story homes are often in demand, especially in areas where space is limited. An expanded living area is attractive to potential homebuyers, making it a smart investment in the future of your home.
- Improved Design Options. With more space, you can collaborate with design builders to create a customized layout that suits your needs and style preferences. It’s an opportunity to give your entire home a fresh, updated look.
The Drawbacks of Adding a Second Story
While the benefits of a second story addition are enticing, it’s essential to recognize the potential downsides as well.
- Cost and Time. Adding a second story is a significant financial investment. Depending on the size and scope of the project, the construction phase can take a considerable amount of time to complete. Make sure to factor these elements into your decision-making process.
- Potential Structural Issues. Before the project can commence, you’ll want to check if the existing foundation of your home can support the additional weight of the second story addition. This may require costly repairs or reinforcements, especially if it’s found to be not up to code. Addressing these concerns can further prolong the construction timeline, but that will help ensure the finished space is structurally sound and complies to building regulations.
- Disruption to Daily Life. Noise, dust and the typical construction mess are to be expected. In some cases, you may even need to find temporary housing until your second story addition is complete.
Adding a second story to your home offers appealing benefits, such as increased living space and improved property value. However, it’s also crucial to recognize the potential challenges regarding cost, time and disruption. Be sure to learn about your options and review any regulations or requirements. More importantly, work with a reliable design-build contractor to guide you through the numerous decisions you’ll have to make to turn this project into a reality.
Get in Touch With Us!
For your home renovation needs, turn to Cottage Industries, Inc. Whether it is a kitchen remodeling project or a second-story addition, you can count on our team to utilize a proven design-build approach that covers every aspect of the renovation from start to finish. Call (610) 293-9750, or fill out our contact form today to schedule a conversation with our team of experienced professionals.